An Eye Towards the Future of HME Billing Software

A true "enterprise" system should handle virtuallydepends on a number of factors. Switching to a new
every operational, financial and clinical aspect of asoftware system can be made easier if clients take
provider's business in one fully integrated database.the time to train their staff properly, work with their
The system will handle all of the Provider's service andvendor to determine a good strategy, or electronically
product lines including HME, respiratory, nutritional,transfer their database to the new system - and are
infusion and/or home care agency, providing oneopen to potentially improving their workflow process.
common patient record, common financials andThe key is not to get hung up on "how we did it in the
enterprise-wide reporting capabilities. An enterprisepast."
system should be able to manage every aspect ofThe biggest misconception is cast, which ironically, with
the business, from patient intake right through theall of the various options to finance, can be as little as
delivery of the product to the patient's home. Thisthe monthly fee on a good copier - but unfortunately,
should include the various steps that it takes to make itmany providers are not aware of this. Fastrack offers
all happen such as purchasing, inventory control,an Internet-hosted solution with one low monthly fee
equipment maintenance tracking, compliance issues,that includes the application, data backups, and other IT
clinical reporting, dispatching of delivery vehicles,support. The other misconception is that staff
customer service functions, A/R, billing and collections.members will not be able to embrace new technology.
Having access to good data is key to beingOur experience has always been the opposite in that
successful. A software system that supports a truethe staff tends to want to take advantage of ways to
open architecture with full access to the database willimprove their responsibilities and eliminate the tedious
allow providers to analyze their various product lines,tasks that many people face in their work - as well as
vendors and patients to determine profitability andthe potential mistakes that are time-consuming.
undercover potential revenue streams. Many softwareDon't be fooled by canned demonstrations where the
products either limit the client's access to all of thesales rep doesn't allow users to enter information
data, or store it in such a way that it is not easilybecause they do not want the prospect to see the
accessible for analysis. Fastrack offers a completelylack of functionality. Be suspicious of pretty looking
open database, providing multiple tools to access thescreens that make it appear easy to use, but really
data - including extensive reports, the ability for clientslack the depth that you need to run an HME company.
to write their own reports with Crystal Report Writer,Be wary of promises of features that are coming that
our executive dashboard, and Fastrack Businesscannot be demonstrated today, or vendors that do not
Intelligence, a powerful data mining tool.come on-site for an implementation meeting to learn
Certain inherent features that provide checks andhow your business operates - and don't provide
balances are absolutely required to meet theon-site training.
accreditation deadline, including the ability to trackThere are companies that offer only a hosted model.
HIPAA statement compliance; required securityWhile hosting has many advantages for smaller
features - including knowing who is accessing patientproviders, as your business grows you may want to
records; the ability to invoke hold options; andtake the system in-house, and this may force you to
equipment maintenance so that the provider knowshave to switch to another vendor. Make sure your
when the equipment needs preventative maintenancevendor offers the ability to take the application
servicing. Additional requirements include built-inin-house if you need to.
emergency procedures, a robust patient database, andUnfortunately, much of the software being sold is still
the reporting tools to complete the accreditationoverglorified billing systems that lack serious
questionnaire.technology advances. We offer a true enterprise
The software will need to provide information to helpsystem incorporating the latest technology for this
complete the bids, especially in the area of profitabilitymarket. We continue evaluating new technologies to
by product. It will also need to alert the user that theyincorporate into our products for the purposes of
can or cannot provide the patient with a specifichelping our clients reduce operating costs and improve
product depending on whether they won the bid.efficiencies.
Determining how easy or difficult this process will be